{ "ticker": { "uuid": "fa6a3db8-a0c1-4b0b-9416-bc58dc652d95", "symbol": "FRA", "name": "Fraport AG", "exchange": "GER", "country": "DE", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^GDAXI", "stage": 4, "stage_name": "Declining", "phase": "4a", "phase_label": "Stage 4A \u00b7 Breakdown", "transition": "stage_4_declining", "transition_label": "Stage 4 decline intact", "confidence": 96.0, "architecture_regime": "downward_expansion", "architecture_regime_label": "Downward Expansion", "architecture_modifier": "Early contraction", "architecture_gate": "down", "architecture_direction": -58.408, "architecture_energy": 60.955, "architecture_maturity": 10.471, "architecture_confidence": 86.554, "architecture_tenure": "New", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding downward.", "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation." }, "scores": { "balance": 14.86, "rotation_up": 13.15, "upward_expansion": 15.49, "deceleration": 34.96, "rotation_down": 69.43, "downward_expansion": 88.82 }, "activity_lines": [ 67.176667, 68.943637, 69.611762, 70.877746 ], "activity_state": "Moderate", "activity_direction": "Expanding", "rotation_direction": "Weakening", "price_acceptance": -0.666667 }, "latest_close": 66.900002, "trend_reference": 72.788075, "distance_from_trend": -0.080893, "trend_direction": "Weakening", "fair_value": 59.113027, "distance_from_fair_value": 0.13173, "fair_value_direction": "Weakening", "relative_strength": -14.834172, "relative_strength_direction": "Weakening", "price_momentum": -0.181197, "excess_performance": -0.245836, "evidence": [ { "label": "Price vs Trend", "positive": false, "value": -0.080893, "read": "Below" }, { "label": "Trend direction", "positive": false, "value": -0.003778, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.13173, "read": "Premium" }, { "label": "Fair Value direction", "positive": false, "value": -0.062686, "read": "Moving away" }, { "label": "Relative Strength vs benchmark", "positive": false, "value": -0.148342, "read": "Lagging" }, { "label": "Relative strength direction", "positive": false, "value": -0.10196, "read": "Weakening" }, { "label": "Price momentum", "positive": false, "value": -0.181197, "read": "Negative" }, { "label": "Volume balance", "positive": false, "value": 0.884251, "read": "Supply-led" } ], "volume": { "latest": 661629, "relative_activity": 1.276029, "balance": 0.884251, "dry_up": 1.118225, "accumulation_observations": 3, "distribution_observations": 5 }, "risk": { "range_context": 0.067035, "annualized_volatility": 0.326526, "from_high_reference": -0.219335, "from_low_reference": 0.071257 }, "levels": { "trend_reference": 72.788075, "fair_value_reference": 59.113027, 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"date": "2026-07-17", "close": 67.599998, "volume": 571018, "typical_volume": 555348.8, "trend": 73.115479, "fair_value": 58.732226, "relative_strength": -9.191182, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -52.718924, "energy": 21.737012, "activity_lines": [ 70.743333, 70.763636, 70.833909, 72.078276 ] }, { "date": "2026-07-24", "close": 66.0, "volume": 543946, "typical_volume": 544434.45, "trend": 73.048644, "fair_value": 58.854954, "relative_strength": -12.253205, "stage": 4, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -61.232461, "energy": 41.482243, "activity_lines": [ 68.88, 70.018182, 70.313224, 71.619213 ] }, { "date": "2026-07-31", "close": 67.65, "volume": 542634, "typical_volume": 532207.05, "trend": 72.994101, "fair_value": 58.997545, "relative_strength": -11.871264, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -54.388113, "energy": 53.953551, "activity_lines": [ 67.953333, 69.547273, 69.994663, 71.270914 ] }, { "date": "2026-08-07", "close": 66.900002, "volume": 661629, "typical_volume": 518506.15, "trend": 72.788075, "fair_value": 59.113027, "relative_strength": -14.834172, "stage": 4, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -58.40815, "energy": 60.955233, "activity_lines": [ 67.176667, 68.943637, 69.611762, 70.877746 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }